The following table gives quarterly
data (not seasonally adjusted) on the sale of
mutual fund shares by the mutual
fund industry for the period 1968-1973.

Consider
the following model:
Salest
= £\1 + £\2D2
+ £\3D3 + £\4D4
+ Ut
(a) Estimate the preceding regression (Eviews) (Rats)
(b) How would you interpret the £\'s ? (Suggested Answer)
(c) How would you use the estimate £\'s to deseasonalize the sales data? (Suggested Answer)